More Rumors about PS3 Price Drop

Meaningful -- as in it'll mean Sony would finally bow to ubiquitous suggestions, predictions and occasional threats that see the PlayStation 3 being lowered in price please please oh please. Sterne Agee analyst Arvind Bhatia is the latest to join the frugal chorus, telling Industry Gamers, "We continue to believe a $100 price cut on PS3 will occur around the launch of EA's Madden NFL 2010, which is scheduled for release on 8/18."

Agee claims to have encountered similar sentiment at a recent GameStop executive meeting, overhearing talk of a "highly likely" and "meaningful" near-term price drop even over the clinking of diamond-encrusted chalices and relentless pre-order thrusting.

It's Sony's decision, ultimately, but if it's alright with you, we'd rather just get this price drop over with. A lower price means more people get in on the fun ... especially when they also get to stop reading these things.

Meh, rumors like this have been ciruclating for awhile, but I found it interesting that it's been heard in a Gamestop meeting...

I don't think that it will happen this year at all. Maybe they will buckle under the pressure and cut it for the holiday season but since they are apparently not making much cash on the console it then it may not be possible. What they should have done is make it cheaper from the beginning and then make profit from PS3 accessories. Unfortunately PS3 will continue to get ports of 360 games.

I don't think that it will happen this year at all. Maybe they will buckle under the pressure and cut it for the holiday season but since they are apparently not making much cash on the console it then it may not be possible. What they should have done is make it cheaper from the beginning and then make profit from PS3 accessories. Unfortunately PS3 will continue to get ports of 360 games.

It's called the PS3 Slim and it's real. It's cheaper to make so they can sell it for less. Unknown release date so far though, I would guess later this year.

And there have been quite a few games that are multiplatform but have been developed specifically for PS3. IMO, Sony's exclusive lineup cannot be competed with. And in most cases, multiplatform games look and play exactly the same on both PS3 and 360. (With some exceptions of course)

PS3 Slim is inevitable. All PS products re-release with a smaller, more efficient version (as well as Tretton saying it will continue with PS3). The issue is that people are already talking about it. Usually a slim version doesn't release this soon after launch.

Yeah, it's rumored to drop this fall but as we all know these types of rumors are rarely correct.

I hope that Sony annouces it at TGS and they put it into effect soon after. It just frustrates me (and everyone else) that they're being so stubborn about this. They have an absolutely fantastic lineup of exclusives and multiplatform games, but the hardware is just too expensive for some.

Sony has good reason to keep their mouths shut. They didn't even say anything about the last "price drop" (which was actually just introducing a cheaper SKU). They actually denied it weeks before it released.

If Sony tells us when they drop the price it would stunt/reduce PS3 sales. The moment people find out a target window or a date is the moment people start holding off for the price drop instead of buying the PS3 at its current price.

Originally Posted by Master Foot

I don't think that it will happen this year at all. Maybe they will buckle under the pressure and cut it for the holiday season but since they are apparently not making much cash on the console it then it may not be possible. What they should have done is make it cheaper from the beginning and then make profit from PS3 accessories. Unfortunately PS3 will continue to get ports of 360 games.

Profit from what? For what a PS3 has under the hood, it has always been cheap. PS3 with a price matching it's actual hardware would make it at around $800 at launch.

The only thing Sony should have done from the start was get rid of the backwards compatability since people didn't care enough about it. That would have significantly reduced the launch price.

On the port side of things, more games are leading on PS3 and porting to 360, so it might just be a more level rate in the future. Also, if PS3 continues to dish out great exclusives, the multiplatform situation won't be much of a problem. And besides, the differences between console versions are nearly always negligible and aren't worth claiming as a big issue.

Sony has good reason to keep their mouths shut. They didn't even say anything about the last "price drop" (which was actually just introducing a cheaper SKU). They actually denied it weeks before it released.

If Sony tells us when they drop the price it would stunt/reduce PS3 sales. The moment people find out a target window or a date is the moment people start holding off for the price drop instead of buying the PS3 at its current price.

Profit from what? For what a PS3 has under the hood, it has always been cheap. PS3 with a price matching it's actual hardware would make it at around $800 at launch.

The only thing Sony should have done from the start was get rid of the backwards compatability since people didn't care enough about it. That would have significantly reduced the launch price.

On the port side of things, more games are leading on PS3 and porting to 360, so it might just be a more level rate in the future. Also, if PS3 continues to dish out great exclusives, the multiplatform situation won't be much of a problem. And besides, the differences between console versions are nearly always negligible and aren't worth claiming as a big issue.

he's right.
all consoles typically take a hit at launch its not until around year 3 that the tech gets cheap enough the company can actually turn a profit. i do believe sony is still losing money on each ps3 but dont quote me..